Newspaper publisher Lee Enterprises reported at 20 percent drop Q1 earnings, partly due to costs related to its purchase of Pulitzer Inc. last June. Earnings were $14.4 million, compared $18.1 million…Revenues rose 63.5 percent to $275.8 million from $168.7 million a year ago, missing analyst expectations of $278.05 million.
On the online side, ad revenues increased 146.1 percent, to $8.5 million, up from $3.45 million in the year-ago quarter.
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